Industry News

Wynn Resorts casino could soon be getting its final approval after he backed changes to the permit for the $2.1 billion Everett project. Matthew Beaton, state Energy and Environmental Affairs secretary, said the final decision to approve the environmental permit-- which has been subject to an appeal by the city of Somerville-- rests directly with his Department of Environmental Protection commissioner, Martin Suuberg,..."/>
Environmental chief signals OK of Wynn permit [Boston Herald]
Dunkin' Brands Group Inc. reported weaker-than-expected second-quarter revenue yesterday, blaming in part franchisee price increases that resulted in less foot traffic at its Dunkin' Donuts and Baskin-Robbins restaurants. The Canton company's sales rose 2.3 percent to $216.3 million in the quarter ended June 25, missing the average analyst estimate of $219.9 million. "We think that pricing got ahead of itself because saw the minimum wage going up, and the natural..."/>
Price hikes ground Dunkin' Q2 revenue [Boston Herald]
Tata Motors Ltd wants to change that."/>
Tata Motors aims to get more women on its shop floor [Mint, New Delhi]
Corporate myopia crimps CSR scope [Mint, New Delhi]
Tata Motors Ltd in 2010 to realize a vision he shared with then chairman Ratan Tata and then managing director Ravi Kant--to reinvent the firm and turn it into a global giant. Before joining Tata Motors, Leverton was chief engineer overseeing the Phantom project at Rolls-Royce Holdings Plc, and group engineering director at JCB Inc., the US-based maker of earth-moving equipment. Markus Braunsperger, 53, joined Hero MotoCorp Ltd in 2014..."/>
Indian auto majors tap foreign talent to enhance R&D efforts [Mint, New Delhi]
McDonald's India Pvt. Ltd and its estranged partner, Vikram Bakshi, before the London Court of International Arbitration. Bakshi and McDoanld's have been involved in a legal dispute since 2013, with proceedings pending at the Company Law Board and several issues at the arbitration court in London."/>
Arbitration proceedings between McDonald's, Bakshi to resume: Delhi HC [Mint, New Delhi]
JSW Energy Ltd on Thursday said it has withdrawn its plan to acquire a majority stake in power producer Monnet Power Co. Ltd after the lenders to the latter rejected the offer. JSW Energy, which has acquired three power plants from struggling peers in the last one year, had entered into an agreement with iron producer Monnet Ispat& Energy Ltd to acquire a majority stake in its subsidiary Monnet Power Co. in July 2015. The two companies had not..."/>
Lenders to Monnet Power reject JSW Energy's acquisition offer [Mint, New Delhi]
UBS Group AG expects to touch $48-60 billion by 2020 and Morgan Stanley sees at $120..."/>
10 new VC investors who are upbeat on Indian start-ups [Mint, New Delhi]
Carmike Cinemas. Friday's protest is the idea of New York advocacy lawyer Richard Berman who said his concerns stem from China-based Dalian Wanda Group's controlling ownership of AMC Entertainment Holding based in Leawood. Berman outlined his objections and concerns online at www.chinaownsus.com."/>
AMC Theater in NY's Times Square to see protest over Carmike merger [The Kansas City Star]
Commercial Vehicle Group on Wednesday said it will close its plant in Monona, idling more than 100 people. The New Albany, Ohio, company shut down a plant in Edgewood in late May, eliminating about 80 jobs."/>
Monona plant closes, latest in round of Iowa manufacturing job losses [The Gazette, Cedar Rapids, Iowa]
Vision plan for I-Drive gets delayed [Orlando Sentinel]
New restaurant serves dessert, wine on Eola [Orlando Sentinel]
Starbucks executives on Thursday blamed everything from faulty business moves to global uncertainty for what they called "an anomaly" of a quarter in which sales growth slowed sharply both in the U.S. and worldwide. Sales at stores open at least a year grew only 4 percent globally for the quarter ended June 26. That compares with 7 percent growth in the same quarter a year ago, and 6 percent in the previous quarter."/>
Starbucks' sales growth slows, though earnings beat forecast [The Seattle Times]
Amazon.com announced Thursday it will hire more than 500 full-time workers and open a second fulfillment center in the Lehigh Valley, this time in a burgeoning business park off the new Route 33 interchange. Already a massive presence in the Lehigh Valley, Amazon plans to open a 1.1 million-square-foot warehouse in the 800- acre Chrin Commerce Centre in Palmer Township, essentially doubling its distribution capacity in the..."/>
Amazon to hire 500 for second Lehigh Valley warehouse [The Morning Call (Allentown, Pa.)]
Archon, Archon LLC, 10805 Elizabethtown Drive, Green Lake Township, new residence, $151,482. --Dale and Elizabeth Brekke, 1837 Compton Court, Blair Township, deck, $4,368. --Susan Isles, 6204 Cedar Creek Road, Union Township, new residence, $320,424."/>
Building Permits: 07/22/2016 [The Record-Eagle, Traverse City, Mich.]
Aetna Inc. and Anthem Inc., with Attorney General Loretta Lynch criticizing the deals as anti-competitive and being pursued "at the expense of consumers across America." Anti-trust lawsuits were filed in District of Columbia federal court against both deals. Anthem has proposed to acquire Bloomfield-based Cigna for $54 billion, and Hartford-based Aetna has sought Humana..."/>
U.S. Suing To Block Aetna-Humana and Anthem-Cigna Mergers [The Hartford Courant]

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